Very few people buy a house because of the mortgage interest deduction and with the doubling of standard deduction hardly anyone will need to deduct going forward
Their budgets include the tax break and to remove it is an increase in taxes. When buying a house property taxes are undoubtedly a major consideration.
You are correct about the doubling of the standard deduction perhaps washing it all out for most people.
Their budgets include the tax break and to remove it is an increase in taxes. When buying a house property taxes are undoubtedly a major consideration.
You are correct about the doubling of the standard deduction perhaps washing it all out for most people.